If you are experiencing difficulty paying your mortgage payments or have fallen behind on a few payments, we can take over your payments and the house, townhome or condo associated with your mortgage debt in any location of Vancouver, BC, the Lower Mainland, BC and the Fraser Valley BC.
Through your Pre Foreclosure Homes Take Over Payments Program:
1) Do you explain the details of the Pre Foreclosure process?
2) How do you take over mortgage payments on a house, townhome or condo that is in pre-foreclosure?
3) What benefits do I receive if you take over my property in pre-foreclosure?
If you miss a mortgage payment, your lender will initially either send you a reminder letter or call you. If your lender doesn’t hear from you or receive your missed payment(s), your lender will then follow up with a demand letter.
If you default on your mortgage payments, your lender has the right to “accelerate” (speed up) the mortgage. This allows your lender to claim the full balance owed under the mortgage, plus interest and other costs, even though your mortgage term hasn’t yet expired.
Under the law in BC, your lender must send you a demand letter before they can start legal foreclosure proceedings to take your home.
The demand letter must say exactly what you owe. It must also say that:
- you have to pay a certain amount by a certain date to catch up on what you owe to “reinstate” your mortgage (restore it to good standing), or
- you have to pay the whole amount you borrowed (not just what you owe) plus interest and expenses to “redeem” your mortgage (pay it off).
If you want to prevent Foreclosure, it is imperative that you abide by the lender’s demand letter. If you don’t reinstate your mortgage (by paying the amounts you owe) as per the demand letter or if you don’t redeem your mortgage (by paying the mortgage off fully) within the time set out in the demand letter, your lender can then start foreclosure proceedings.
How Can We Help You Through Our Pre Foreclosure Homes Take Over Payments Program?
Our Company, GVC Property Solutions Inc. (GVCPS), is a well established Real Estate Investment Company that has been providing professional solutions to property owners for 25 years who are experiencing difficulty paying their mortgage payments each month, difficulty selling their property through traditional methods and people who require relief from their property situation for any reason.
How do you take over mortgage payments on a house, townhome or condo through your Pre Foreclosure Homes Take Over Payments Program?
Our Company specializes in taking over mortgage payments and the house, townhome or condo associated with the mortgage regardless of your situation and regardless of the age or condition of the property. We offer fast, professional and confidential solutions to your property situation regardless of your circumstance. Contact us to discuss your situation in more detail and how we can help.
What benefits do I receive through your Pre Foreclosure Homes Take Over Payments Program?
- We provide you with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting your equity in the property and protecting your credit through our Pre Foreclosure Homes Take Over Payments Program
- You receive immediate financial relief that enables you to move on from your house, townhome or condo situation with peace of mind
- We provide flexible, pre-negotiated terms that can give you the best value for your property and can provide you with more money with none of the hassles normally involved in selling
- We do not charge any fees or real estate commissions through our Pre Foreclosure Homes Take Over Payments Program
- We also provide Free Consultation
When unforeseen financial circumstances impact your ability to make regular mortgage payments, it’s important for you to take quick action. There are alternatives to foreclose that are available to you when you act quickly at the first sign of financial difficulty.
Regardless of your situation or the age and condition of your property, we take over house payments and the house, townhome or condo associated with the mortgage in any location of Surrey BC, Delta BC, Coquitlam BC, Port Coquitlam BC, Port Moody BC, Vancouver BC. Burnaby, BC, Richmond BC, New Westminster BC, Langley BC, Pitt Meadows BC, Abbotsford BC, Maple Ridge BC, Mission BC and Chilliwack BC.
We understand the stress and hassles that you face when you are in a difficult real estate situation. We don’t know how many months you’ve been trying to sell or have been looking for a solution to your mortgage payment situation. Don’t procrastinate. Don’t let your property situation become a liability. Contact us for Free Consultation to discuss how we can help you avoid foreclosure through our Pre Foreclosure Homes Take Over Payments Program. We have handled hundreds of purchase situations and have helped many people facilitate a non-stressful real estate transaction.